The Accelerator for Token-Enabled Businesses now building @Street__app
Joined November 2023
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Street Foundation retweeted
Today we're launching private access to Street's brokerage.
street.app/waitlist (make sure you're in the top 500)
The thesis behind Street is simple: Buying a private share should be possible in 1 second and not in a 4 week long manual workflow. The asset you're buying should be a real share in a company and not some multi-layered SPV with 20% fees.
We're excited to turn this thesis into reality and are opening up access to Street's regulated brokerage platform to selected funds and family offices.
Street Foundation retweeted
Over the weekend, Kled received a complex multichannel Korean audio task from one of the frontier labs. Within 48 hours, it was live in the Kled app.
We are now sourcing thousands of Korean speakers to produce millions of hours of multichannel audio.
The spec calls for per-speaker isolated channels, speaker attribution, persistent speaker IDs across recordings, a five-hour capture limit per speaker, 16 kHz+ audio, and documented consent for AI training use.
Available today on iOS: apps.apple.com/us/app/kled/i…
Street Foundation retweeted
Our co-founder @RonjonNag, just before taking the stage at EPPICON 2026.
He was there as both a founder and a funder: joining the aging panel, pitching Agemica, and discussing our research into a vaccine for aging.
Afterward, we caught up on the pitch, what comes next, and how to talk about an ambitious idea without getting ahead of the science. As he puts it: “We’re in animal studies now.”
Before and after the talk, in his own words.
Street Foundation retweeted
Introducing Kled Labs.
Every major AI model learned from the internet. We're betting on people instead.
One goal: train our own models to beat closed models at important human tasks, using our data alone.
All data is sourced from our data application layer and our network of 600,000+ contributors.
We're hiring: jobs.ashbyhq.com/kled-ai/6e9…
Street Foundation retweeted
Why We Ship: @useKled
Pokémon Go players generated 30 billion images and videos that Niantic used, and never saw a cent for it. @avipat_ built Kled so the people generating the data get rewarded.
50,000 DMs and three and a half years later, it's the largest human-powered data collection effort in history, distributing rewards on Solana.
Street Foundation retweeted
We’re opening conversations with liquid and venture funds who want early, structured access to high-conviction web2 startups with day-one liquidity for @StreetFDN
If you think in years, not weeks, we want to talk.
Here’s why this matters
Most token models give holders no real connection to the underlying company. When an acquisition or exit happens, token holders are left with nothing. Meanwhile, the best startup positions stay locked for a decade with no way to resize or exit.
We believe the path forward is tokens structured around a real shareholder position on a company’s cap table through a legal framework, while maintaining a clear separation from equity. Founders retain full corporate governance. Token holders participate in defined, non-controlling processes, subject to applicable legal frameworks and approvals. That’s what Street built with ERC-S.
The startups we work with aren’t launching tokens because it’s trendy. They’re companies scouted from hundreds of applicants by networks at Stanford, Harvard, and MIT, selected because we believe they have a credible path to $1B. These are founders building at the level of the best in Silicon Valley, and ERC-S gives them access to users, distribution, and capital that would take years to build organically, while keeping their cap table clean and their governance intact.
For funds, this means early-stage startup exposure through a liquid, daily-priced instrument from day one. No lockups. Positions can besized and exited on an open market. We’re building a small network of fund partners who get exclusive first-look deal flow before anything opens to the broader market.
Two partner slots are filled.
DM me if you want to see what we’re working on.
Street Foundation retweeted
It was special to see so many people come together at our @StreetFDN dinner at Stanford around a shared mission: making tokens valuable.
Joining us: Founders Fund-backed startups, Whop, Pantera, Paradigm, Kled, Stanford Blockchain Club, the Street team, and Stanford researchers, PhDs, and NVIDIA talent.
When we first started thinking about Street in July 2025, we mostly got pushback.
“Crypto needs to be a casino to be interesting.”
“People don’t actually want valuable tokens.”
“Nobody cares about equity-token bifurcation.”
Now, the question of what makes a token valuable is becoming one of the most important questions in crypto.
The mission of Valuable Tokens for Radical Ideas is just getting started, and we could not be more excited.
Street Foundation retweeted
Excited to join @StreetFDN as CTO.
Stanford CS + research at NASA and Intel pushed me deep into the engineering side of building. And time around VC (Peterson Ventures: Peterson Ventures and @StartX) made this clear: the best startups don't collapse b/c of bad products, but because of episodic capital.
You pitch. Get funding. Wait 6 months. Repeat.
Street flips this reality. We create a place for startups to go public earlier, unlock real price discovery, and stay continuously funded b/c they're tradable. Street changes fundraising cycles from months to days, letting founders build without the worry of where the next dollar is coming from.
That’s the mission: make valuable tokens for radical ideas. If crypto is going to matter long-term, it has to keep founders building.
-RH
Street Foundation retweeted
Full @StreetFDN Interview Today:
The Rise Of ERC-S
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What we covered 👇
→Momentum: $2B in inbound capital interest for Street, with official launch targeting early March.~100–150 scout interviews (Stanford, Harvard, MIT, NYU).
→Street Thesis: ERC-S are tokens backed by real startup equity via SPVs with the goal to bring intrinsic value + long-term capital on-chain.
→Pipeline + Case Studies: $KLED case, robotics startup with 8 figure letter of intent in the pipeline, multiple venture studios + VCs interested, first batch in March.
→Market Reality + Positioning: Street knows speculation is unsustainable long-term, focus is on attracting patient, structural capital and value is meant to accrue from underlying equity growth.
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TIMESTAMPS ⌚️
00:00 @MiyaHedge Intro / @StreetFDN Thesis
07:45 Retail Investors / Impatient Holders
11:05 ERC-S Value/ $KLED Case / Buybacks?
23:00 Pipeline & VCs / Marketing / Scout Program
30:00 First Street Batch, Big Upcoming News
36:00 Mar-A-Lago / Regulations / Crypto Trenches
43:15 Lukas' View On AI / Robotics On Street
48:40 Liquidity / Acquisition / Equity / Pricing
55:00 Street Points/ERC-S Potential/Final Thoughts
Introducing ERC-S.com V1
We spent the last month restructuring ERC-S and getting rid of a lot of the rights the SPV had & conducted over 100 interviews with founders & VCs with the core goal of making our framework more founder-friendly, VC-compatible and remove the ownership structure.
The core of ERC-S stays the same. SPV holds equity in a startup, in case of M&A event, tokenholders vote on resource allocation.
What we removed:
- SPV has veto rights over issuance of new shares
- SPV has veto rights over issuance of new SAFEs
- SPV has veto rights over issuance of new convertibles
- SPV has veto rights over M&A
- SPV has veto rights over material asset sale
- SPV has veto rights over increase in founder compensation
- SPV has veto rights over any subsidiary creation
- Anti dilution protection for the SPV
- remove need for consent on retention bonuses, carveouts & exit bonuses
We also slimmed down the maintenance costs for ERC-S dramatically.
It's important for context to understand that ERC-S v0.3 was designed to be an ownership coin not a plug-and-play mechanism. We want founders to be able to commit to V1 without having to change anything they learned.
Street Foundation retweeted
you can think of the World Liberty team what you want, but this was by far the most productive conference with not only industry makers but also policy makers and tradfi institutionals @ mar a lago
will share some of the insights & opinions from policy makers i got in the coming days. happy to be able to talk about @StreetFDN & valuable tokens to these people
Street Foundation retweeted
Crypto as we know it is over.
It's time to look at the abyss and stop acting like this industry will in any way recover if the leaders continue to act like everything is fine and the 50th perps DEX will solve this.
The Death of the Crypto VC sector is slowly unfolding during the past few months. LP commitments have been on a low and didn't even remotely recover during a generational $16k -> $120k bull market. VCs like Mechanism/Tangent literally pivoted away from crypto. Half of the Paradigm team ragequit in the last 2 months, entire firms silently exited everything. Barely any crypto VC has been able to raise for another fund and the venture appetite is close to zero.
Please for the love of god look at the data & stop coping that this in any way is normal or will recover for a sector claiming to be on the frontier of technology. The risk appetite inside venture has been off the charts in the last 3 years, blockchain received only outflows. I spoke to so many VCs (both tradfi and crypto) in the past month, and close to nobody was optimistic about them being able to raise for another crypto-fund.
We are at the tail end of blockchain innovation.
"Oh ownership coins fix this" No they don't. Sorry to burst your bubble, but as the founder of a company doing "ownership" structures, this fixes exactly nothing. It's a band-aid of complacency. I'd argue it actually makes it worse, because no talented young founder will chose to give anonymous tokenholders full control of their business, it just turns crypto even more into this autistic cypherpunk delusion.
Blockchain & especially alt coins has moved from the frontier of technology to an un-investable asset class who's building products who nobody needs. And the VCs who are left are trying their best to unauthentically manufacture narratives, fund the current hot thing (just to be left at 0 after the 3y vesting starts, and the current hot thing turned out to be not so societally important as the fast moving crypto sector thought it would be).
The frontier of technology has moved away from blockchain and sits at AI & Robotics right now and blockchain right now is seen as the weird industry you enter to build something meaningless for exit liquidity.
If we want this industry to bloom again, we need to work to get rid of the 3 in web3 and come back to reality.
We need to go towards the epicenter of the current innovation and not try to artificially replicate it inside crypto.
It's either valuable tokens for web2 startups or this sector & especially the venture market goes to 0.
@StreetFDN
Street Foundation retweeted
Tokenized Equity Chat with StreetFDN and Kled nitter.cf/i/broadcasts/1zqJVdBqE…
